No. of Recommendations: 0
Kilmarnoch,

<<...even if you "fall" into the next tax bracket. some people spend entirely too much time trying to get into a lower tax bracket because they think that they pay 28% or 31% on *ALL* their income. lots of mis-information. ... Saying that someone pays 36% in tax because they make 200k a year is just plan wrong, they pay much closer to 30% in federal income tax. that 6% difference is *alot* of money ($11,229.50)... ;) >>

I agree. Far too much time is spent trying to avoid taxes. True the incremental dollar will be taxed at a marginal rate, but the effective rate won't move up all that much and the net income still increases. I'll avoid taxes where and when I can, but when I can increase my net income, I fully intend to do so.

Regards......Pixy
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